Economic Structure, Technology Diffusion and Convergence: The Case of the Italian Regions
AbstractTaking Italy as a case study, this paper investigates the link between economies' structural similarities and convergence. Specifically, treating technology as sector-specific and modelling technological spillovers as a positive function of the degree of similarity between economies' sectoral features, we propose a modified version of the Solow model and derive an "extended" convergence equation. The latter is then estimated by means of Panel Data procedures and data on the Italian regions over the 1970-1995 period. The results bring empirical support to our approach.
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Bibliographic InfoPaper provided by Department of Economics, University of Kent in its series Studies in Economics with number 0507.
Date of creation: Oct 2005
Date of revision:
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Postal: Department of Economics, University of Kent at Canterbury, Canterbury, Kent, CT2 7NP
Phone: +44 (0)1227 764000
Fax: +44 (0)1227 827850
Web page: http://www.ukc.ac.uk/economics/
Other versions of this item:
- Matteo Lanzafame, 2005. "Economic structure, technology diffusion and convergence - the case of the Italian regions," ERSA conference papers ersa05p323, European Regional Science Association.
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-10-22 (All new papers)
- NEP-EFF-2005-10-22 (Efficiency & Productivity)
- NEP-GEO-2005-10-22 (Economic Geography)
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